Shore Capital Reaffirms House Stock Rating for Portmeirion Group (LON:PMP)

Shore Capital reissued their house stock rating on shares of Portmeirion Group (LON:PMP) in a research note released on Thursday morning, MarketBeat reports.

Portmeirion Group Trading Up 2.9 %

Shares of LON:PMP opened at GBX 229 ($3.03) on Thursday. The stock has a market cap of £31.51 million, a PE ratio of -368.85, a P/E/G ratio of 0.75 and a beta of 1.24. The company has a quick ratio of 0.68, a current ratio of 2.35 and a debt-to-equity ratio of 30.22. Portmeirion Group has a 12-month low of GBX 200.17 ($2.64) and a 12-month high of GBX 310 ($4.10). The business has a 50 day moving average of GBX 218.99 and a 200-day moving average of GBX 230.27.

Portmeirion Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.67%. The ex-dividend date is Thursday, November 14th. Portmeirion Group’s payout ratio is -983.61%.

About Portmeirion Group

Portmeirion Group PLC, together with its subsidiaries, manufactures, markets, and distributes ceramics, home fragrances, and associated homeware products in the United Kingdom, South Korea, North America, and internationally. It provides tableware, cookware, giftware, glassware, candles, placemats, coasters, bone china and porcelain tableware, wood, glass and metal alloy giftware and other associated homeware products under the Portmeirion, Spode, Royal Worcester, Nambé, Wax Lyrical, and Pimpernel brand names.